Foreign Direct Investment, Corporate Finance, and the Life Cycle of Investment

Adam Gersl and Michal Hlaváček

Czech Journal of Economics and Finance (Finance a uver), 2007, vol. 57, issue 9-10, 448-464

Abstract: This article discusses the effect of foreign direct investment on the corporate sector in the Czech Republic. The analysis uses subaggregated corporate data from a unique Deutsche Bundesbank database containing an almost complete sample of German enterprises that invested in the Czech Republic between 1996 and 2004. Attention was given to two issues: the role of intra-group financing in foreign-owned corporations and the life cycle of direct investments.

Keywords: corporate finance; foreign direct investment; life cycle of investment (search for similar items in EconPapers)
JEL-codes: F21 G32 L25 (search for similar items in EconPapers)
Date: 2007
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:fau:fauart:v:57:y:2007:i:9-10:p:448-464

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